NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 201,824 | 11,199,586 | 89.32% |
ETFs | 5,063 | 1,339,128 | 10.68% |
Total | 206,887 | 12,538,714 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 11,199,586 worth of shares was traded on the NSX on Wednesday. with about N$ 2,237,307 worth of Anglo-American, N$ 383,440 worth of Mediclinic International Plc and N$ 548,852 of Namibia Breweries on the home front. ETFs worth N$ 1,339,128 were traded on Wednesda.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American share price decreased aimed the bearish market conditions
- Shares belonging to Mediclinic International Plc increased in price in spite of bearish conditions
- On the NSX local listing, Namibia Breweries shares were traded by market participants, with a decrease in share price
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 44.98 | 41.99 | -6.65% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.89 | 13.84 | -0.36% |
First Rand Namibia | FNB | 29.51 | 29.51 | 0.00% |
Standard Bank Namibia | SNO | 5.00 | 5.00 | 0.00% |
Oryx Limited | ORY | 10.20 | 10.20 | 0.00% |
Letshego | LHN | 2.50 | 2.50 | 0.00% |
Namibia Asset Management | NAM | 0.66 | 0.66 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.00 | 12.01 | 0.08% |
Mobile Telecommunication Company | MOC | 7.51 | 7.51 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0.00% |
Table 2: Primary listed Trades
Name | South African Dual Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 779.42 | 772.50 | -0.89% |
B2Gold Corporation | B2G | 68.42 | 67.07 | -1.97% |
Oceana Group Limited | OCG | 57.64 | 56.70 | -1.63% |
Mediclinic International Plc | MEP | 67.67 | 68.01 | 0.50% |
Truworths | TRW | 57.07 | 57.65 | 1.02% |
Nedbank Group Limited | NBK | 228.73 | 230.41 | 0.73% |
Standard Bank Group | SNB | 178.84 | 175.35 | -1.95% |
Shoprite Holdings | SRH | 234.43 | 241.19 | 2.88% |
FirstRand Limited | FST | 74.46 | 75.32 | 1.15% |
Momentum Metropolitan Holdings | MMT | 17.45 | 17.48 | 0.17% |
Old Mutual Ltd | OMM | 13.76 | 14.10 | 2.47% |
Sanlam Limited | SLA | 70.95 | 68.29 | -3.75% |
Santam Limited | SNM | 295.82 | 300.09 | 1.44% |
Vukile Property Fund Limited | VKN | 13.72 | 13.93 | 1.53% |
Investec Limited | IVD | 100.99 | 101.00 | 0.01% |
PSG Konsult Limited | KFS | 13.20 | 13.30 | 0.76% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Palladium ETF | NGNPLD | 263.55 | 263.38 | -0.06% |
New Gold Platinum ETF N | NGNPLT | 325.42 | 310.18 | -4.68% |
New Funds S&P NAM Bond | NFNAMA | 137.82 | 135.19 | -1.91% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.68 |
EUR/ZAR | 16.03 |
GBP/ZAR | 19.21 |
EUR/GBP | 0.83 |
EUR/USD | 1.10 |
GBP/USD | 1.30 |
AUD/USD | 0.76 |
USD/JPY | 123.61 |
Commodities | |
Gold | 1,923.90 |
Silver | 24.41 |
Platinum | 948.40 |
Palladium | 2,232.70 |
WTI | 97.81 |
Brent | 102.84 |
Table 5: Exchange Rates and Commodities
Local News
FDI has been identified as critical to the country’s economic recovery and unlocking opportunities that enable a better quality of life for all Namibians. (Namibian Sun)
After an eventful six months of promoting Namibia as an investment and tourist destination at the Expo 2020 Dubai, the Namibian Pavilion has officially closed its doors as the curtain falls. (New Era Newspaper)
The Namibia Transport and Taxi Union (NTTU) is demanding at least a 40% taxi fare increment which will see the price for a single trip being hiked from N$13 to N$19. (The Namibian)
Sub-Sahara News
A long-awaited exploration strategy for the mining sector has been gazetted but the development of a critical cadastre system remains a “nightmare” for the Department of Mineral Resources and Energy, Minister Gwede Mantashe has said. (News24)
Britain’s Moxico Resources IPO-MOXI.L plans to invest $100 million to expand its majority-owned Mimbula copper mine in Zambia, UK Minister for Africa Vicky Ford said on Wednesday. (CNBC Africa)
Internet giant Google is celebrating the 151st birthday of Charlotte Maxeke, popularly known as the “Mother of Black Freedom”. Maxeke was a scholar, an evangelist, a political activist, as well as an advocate for women’s rights. She was also the first black woman to graduate with a university degree in South Africa. (All Africa News)
International News
As Russia flounders on the battlefields of Ukraine, the once-unthinkable possibility of nuclear weapons use is now on the rise, as President Vladimir Putin’s options for victory narrow. (Aljazeera News)
European bourses are expected to open on a cautious note on Thursday as sentiment remains impacted by the geopolitical crisis in the region that continues unabated. (RTT News)
Yemen’s president dismissed his controversial deputy on Thursday and delegated his own powers to a presidential council in a move backed by Saudi Arabia, removing some obstacles to U.N.-led efforts to revive negotiations to end the seven-year war. (Reuters)